(VOVworld)- Prime Minister Nguyen Xuan Phuc has reiterated the government’s commitment to greater efforts to complete the market economic institutions, push forward with administrative reform, strengthen national competitiveness and create favourable conditions for the private sector to develop strongly.

Prime Minister promises to help businesses grow domestically and globally

Speaking at the Vietnam Business Forum 2016 in Hanoi on Monday, the Prime Minister stressed the importance of building capacity for SMEs, promoting support industries, developing capital markets, and push on with clean and renewable energy, climate change and environmental protection. He called on Vietnamese businesses to participate more actively in economic restructuring by diversifying investment activities, and focusing on public-private-partnerships.

Vietnam Business Forum 2016 opens in Hanoi on Monday

Mr. Phuc also stressed the important role of FDI enterprises: “The Vietnamese government hopes that FDI businesses will continue to maintain their investment cooperation with Vietnam, trust Vietnam’s reforms, accelerate the transfer of advanced technology, and human resource training and the sharing of corporate governance experience. We also call on FDI companies to uphold their responsibility to society and join hands with Vietnam in protecting natural resources and the environment.”